READING, Pa., May 10, 2007 - Penske Truck Leasing today celebrated the grand opening
of a facility in Laredo, Texas, located on 1661 World Trade Center Loop. The 18,000 square-foot
facility, currently employing seven associates, offers commercial and consumer
truck rental services, full-service
truck leasing and contract maintenance. Each Penske
associate is bilingual, to better serve the area's large Hispanic population. About 50 rental
and leasing customers are handled at the three-acre
location, and more than 150 vehicles
are maintained on-site.

The facility features eight service bays, and the wireless technology component allows
Penske service technicians to integrate various vehicle diagnostic and repair software.

"This Laredo facility represents a new market for Penske," said Terry Scott, Senior Vice
President - South Central Region, Penske Truck Leasing. "Previously, our rental and
leasing customers traveled to Penske's San Antonio location. Laredo is an international
commerce gateway, so this is an important location for Penske Truck Leasing. As we
continue to expand our operations and bring aboard new customers, we look forward to
hiring more associates in the near future."

The service and rental departments can be reached at 956-723-4339.
The service
department is open six days a week, operating from 8 a.m. to 6 p.m. Monday through
Saturday. The rental office is open from 8 a.m. to 5 p.m. Monday through Friday, and is
available on Saturday from 8 a.m. until noon.